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Print - 2020-02-15
GSP-Plus status: 5 key reservations of EU addressed, NA told

GSP-Plus status: 5 key reservations of EU addressed, NA told

The government informed the National Assembly on Friday that five key reservations of the European Unions (EU) have been addressed after a series of fruitful meetings, and now it was optimistic that the GSP-Plus status to Pakistan would be extended.
Published 15 Feb, 2020 12:00am
Immoveable properties: FBR revising valuation tables to raise revenue

Immoveable properties: FBR revising valuation tables to raise revenue

The Federal Board of Revenue (FBR) is going to revise the valuation tables of immoveable properties to enhance its revenue from sale/purchase transactions; it is learnt. According to sources, the board has decided to make upward revision in the property r
Published 15 Feb, 2020 12:00am
MoU on energy sector inked

MoU on energy sector inked

Pakistan and Turkey Friday signed a memorandum of understanding (MoU) on intensifying cooperation in the energy sector. The MoU is part of other agreements that were signed during the visit of President of Turkey Recep Tayyip Erdogan to Pakistan.
Published 15 Feb, 2020 12:00am
Erdogan addresses business forum

Erdogan addresses business forum

Turkish President Recep Tayyip Erdogan has said that being one of the top 20 economies of the world, Turkey was increasing investments in Pakistan. He said that they had brought down debt from 72 percent to 33 percent of GDP.
Published 15 Feb, 2020 12:00am
Trade to be increased to $5 billion by 2023: Erdogan

Trade to be increased to $5 billion by 2023: Erdogan

Turkish President Recep Tayyip Erdogan has stated that bilateral trade between the two countries would be increased to $5 billion by 2023 and agreements signed would further deepen relations between Pakistan and Turkey.
Published 15 Feb, 2020 12:00am
Turkey reiterates support against FATF challenge

Turkey reiterates support against FATF challenge

Turkish President Recep Tayyip Erdogan on Friday reiterated his country's support to Pakistan in Financial Action Task Force (FATF) as well as in resolution of Kashmir issue "on a just and equitable basis rather than through conflict and oppression".
Published 15 Feb, 2020 12:00am
PSX extends losses: BRIndex100 stays bearish
Stocks

PSX extends losses: BRIndex100 stays bearish

Pakistan Stock Exchange Friday witnessed a bearish trend due to selling in various sectors. BRIndex100 lost 18.09 points or 0.43 percent to close at 4,204.85 points. BRIndex100 touched intraday high of 4,225.17 and intraday low of 4,185.70 points. Volumes
Published 15 Feb, 2020 12:00am
China's economy limps back to life

China's economy limps back to life

The Chinese capital Beijing on Friday imposed a 14-day self-quarantine on people returning to the city from holidays to prevent the spread of the new coronavirus, and threatened to punish those who failed to comply. It was not immediately clear how the re
Published 15 Feb, 2020 12:00am
February SPI up 16.38 percent YoY

February SPI up 16.38 percent YoY

Sensitive Price Indicator (SPI) on year-on-year (YoY) basis went up by 16.38 percent from 112.43 points to 130.85 points, according to SPI data released by the Pakistan Bureau of Statistic (PBS). The PBS claimed that wheat flour price during the week went
Published 15 Feb, 2020 12:00am
PM hints at interest rate cut

PM hints at interest rate cut

Prime Minister Imran Khan has hinted at the possibility of a cut in policy rate for industrial growth and stated that the government would not increase electricity tariff further.
Published 15 Feb, 2020 12:00am
Senate adopts six major bills moved by government

Senate adopts six major bills moved by government

In a major development, the Senate Friday passed six government bills, five of which have already been passed by the National Assembly and would soon become the Acts of Parliament following the assent from President Arif Alvi.
Published 15 Feb, 2020 12:00am
'Considerable' progress made: IMF

'Considerable' progress made: IMF

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's Execu
Published 15 Feb, 2020 12:00am
KP government, Pesco agree to provide cheap power to industries

KP government, Pesco agree to provide cheap power to industries

The provincial government of Khyber Pakhtunkhwa and Peshawar Electric Supply Company (PESCO) have agreed in principles for provision of the 18MW cheap electricity of the Pehur Hydel Power Station on wheeling model to industries.
Published 15 Feb, 2020 12:00am
JUI-F dares PM to apply Article 6 on Fazl

JUI-F dares PM to apply Article 6 on Fazl

In a tit-for-tat response to the government, Jamiat Ulema-e-Islam-Fazl (JUI-F) on Friday challenged Prime Minister Imran Khan to proceed with his "whimsical daydream" to apply Article 6 on party chief Maulana Fazlur Rehman.
Published 15 Feb, 2020 12:00am
World less safe as US retreats, warns Germany

World less safe as US retreats, warns Germany

German President Frank-Walter Steinmeier on Friday warned that President Donald Trump's "America First" strategy had shaken up the international order and fuelled insecurity in an unstable world.
Published 15 Feb, 2020 12:00am
PFA seals 12 food businesses for violating rules

PFA seals 12 food businesses for violating rules

Following the directions of Prime Minister Imran Khan and Chief Minister Punjab Sardar Usman Buzdar, Punjab Food Authority (PFA) on Friday launched a province-wide grand operation to control the adulteration and forgery in the food industry.
Published 15 Feb, 2020 12:00am
Power sector's performance further worsens

Power sector's performance further worsens

The performance of power sector has further worsened with respect to losses and recoveries during the first half of current fiscal year in general and in December 2019 in particular, well-informed sources told Business Recorder.
Published 15 Feb, 2020 12:00am
Germany busts 'terrorist organisation'

Germany busts 'terrorist organisation'

German police detained 12 men on Friday suspected of setting up a far-right organisation with the goal of carrying out attacks against politicians, asylum seekers and Muslims, the Federal Prosecutor's Office (GBA) said.
Published 15 Feb, 2020 12:00am
The brightest ones are put in detention!
Letters

The brightest ones are put in detention!

The school of love has strange ways: the brightest ones are put in detention. How ironic it is that those bureaucrats who had qualified the test to become eligible for promotion in grade 21-20 have been deprived promotion, whereas others, who had not pass
Published 15 Feb, 2020 12:00am
Asian plane makers struggle to take off in crowded market
Articles

Asian plane makers struggle to take off in crowded market

Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players. The Asia-Pacific region is the world's biggest aviation ma
Published 15 Feb, 2020 12:00am
Portuguese communities lock horns with lithium miners
Articles

Portuguese communities lock horns with lithium miners

The lush, green hills where Paulo Pires has for years brought sheep to graze above his picturesque Portuguese village may soon be transformed by the race to power electric vehicles. Signs of change already give him sleepless nights. Hundreds of drill hole
Published 15 Feb, 2020 12:00am
What is wrong
Articles

What is wrong

Well, depends on who you listen too, or rather want to listen too. The IMF-led government version is that things are on track, thanks to the finance team, by and large, adhering to the structural reforms programme and good days are around the corner - wel
Published 15 Feb, 2020 12:00am
Reforms in energy sector
Articles

Reforms in energy sector

The federal government has decided to set up Pakistan Petroleum Exploration and Production Authority as part of its plan to introduce reforms in the oil and gas sector. Presently, the energy ministry enjoys both the powers of policymaking and regulation.
Published 15 Feb, 2020 12:00am
EU's concerns

EU's concerns

The European Commission of the European Union (EU) has in its biannual report on its Generalised Scheme of Preferences (GSP+) vis-à-vis Pakistan delivered a mixed balance-sheet of progress and failings regarding fulfilment of the country's commitments to
Updated 15 Feb, 2020 07:08am
Fall in wheat sowing

Fall in wheat sowing

It is sad to learn that wheat target of 2019-20 season in Pakistan has been missed by about 2.5 percent. According to the final estimates now available with Ministry of National Food Security and Research (MNFS&R), wheat during the current season was sown
Updated 15 Feb, 2020 07:08am
Regulating social media in public interest, says Fawad
IT & Computers

Regulating social media in public interest, says Fawad

Federal Minister for Science and Technology Fawad Chaudhry on Friday said that regulating social media was in public interest, besides bringing the social media companies under Pakistan's legal framework was imperative.
Published 15 Feb, 2020 12:00am
PBC rejects new social media rules
IT & Computers

PBC rejects new social media rules

The Pakistan Bar Council (PBC) on Friday rejected the reported approval of new rules to rein in social media and curtail freedom of expression by the government without any consultation with relevant stakeholders.
Published 15 Feb, 2020 12:00am
Modi has no option but to resolve Kashmir issue: Sarwar

Modi has no option but to resolve Kashmir issue: Sarwar

Punjab Governor Chaudhry Mohammad Sarwar has said that Turkish President Recep Tayyip Erdogan has given a solid message to the world on Kashmir issue and Indian PM Narendra Modi has no other option but to settle down Kashmir issue.
Published 15 Feb, 2020 12:00am
Firdous praises Erdogan for highlighting Kashmir issue

Firdous praises Erdogan for highlighting Kashmir issue

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan praised Turkish President Recep Tayyip Erdogan highly for supporting Pakistan's stance on the issue of Kashmir.
Published 15 Feb, 2020 12:00am
Askari Bank posts record profit
Money & Banking

Askari Bank posts record profit

Askari Bank announced its results for 2019 showing highest-ever profit of Rs 7.03 billion, a 59 percent increase from last year. EPS for 2019 is reported at Rs 5.58 compared to Rs 3.51 last year. The Bank also announced a cash dividend of Rs 1.5 per share
Published 15 Feb, 2020 12:00am
Shahbaz slams Imran's statement against Fazl

Shahbaz slams Imran's statement against Fazl

PML-N President and National Assembly Opposition Leader Shahbaz Sharif have slammed Imran Khan's statement about charging JUI-F Chief Maulana Fazl-ur-Rehman with treason.
Published 15 Feb, 2020 12:00am
IT industry lacks trained human resource: JBS
IT & Computers

IT industry lacks trained human resource: JBS

CEO Jaffer Business Systems (JBS), Viqar ul Islam has said that Pakistan has to be turned around once again if business sector valuing all type of technology and information technology professionals grow their business.
Updated 15 Feb, 2020 10:59am
23 Indian fishermen arrested

23 Indian fishermen arrested

Pakistan maritime security agency on Friday arrested as many as 23 Indian fishermen over violation of sea limits between the two countries.
Published 15 Feb, 2020 12:00am
OPPO becomes official smartphone partner of HBL PSL 2020
Cricket

OPPO becomes official smartphone partner of HBL PSL 2020

OPPO, a leading smartphone brand in Pakistan, has become an official smartphone partner of HBL Pakistan Super League 2020. Reiterating the significance of cricket in Pakistan, OPPO Pakistan CEO George Long said here on Friday that they are proud to partne
Published 15 Feb, 2020 12:00am
PTA rejects proposed hike in electricity tariff
Cotton & Textile

PTA rejects proposed hike in electricity tariff

Chairman Pakistan Tanners Association (PTA), Sheikh Afzal Hussain has condemned the proposed 38 percent increase in tariff of electricity by under quarterly adjustment formula framed by NEPRA & further increased fuel in Pakistan, terming it as last hammer
Published 15 Feb, 2020 12:00am
PU to sign MoU with FWCCI soon: VC

PU to sign MoU with FWCCI soon: VC

University of Punjab and Faisalabad Women Chamber of Commerce & Industry (FWCCI) will ink a Memorandum of Understanding (MoU) soon to strengthen industry-academia linkage in addition to enhance women entrepreneurs, said Dr Niaz Ahmad Akhtar, Vice Chancell
Published 15 Feb, 2020 12:00am
NTDC installs auto transformers at 220kV Ghazi grid station
Energy

NTDC installs auto transformers at 220kV Ghazi grid station

In order to cater for the increased demand of electricity during summer season, National Transmission and Dispatch Company Ltd (NTDC) is all set to overcome the system constraints on identified 500 and 220 kV grid stations across the country. A 250 MVA tr
Published 15 Feb, 2020 12:00am
Buzdar terms Erdogan's support on Kashmir issue 'Pakistan's victory'

Buzdar terms Erdogan's support on Kashmir issue 'Pakistan's victory'

While welcoming the Turkish President's address to the joint session of the Parliament, Punjab Chief Minister Sardar Usman Buzdar on Friday said that Recep Tayyip Erdogan has won our hearts by, again, supporting the stance of Pakistan over the core issue
Published 15 Feb, 2020 12:00am
Conference on Hazrat Fatima (RA) held

Conference on Hazrat Fatima (RA) held

A one-day conference was organized by "The Erudite Collective" in connection with the birthday celebrations of Hazrat Fatima (RA) here on Friday. The conference was preceded around the theme 'For all of us: Fatima is the Nucleus.'
Published 15 Feb, 2020 12:00am
'Honorary Consulate of Swaziland to be established in Islamabad soon'

'Honorary Consulate of Swaziland to be established in Islamabad soon'

Prince Thumbu Muzi Dlamini, son-in-law of Nelson Mandela has said that honorary Consulate of Swaziland to be established in Islamabad very soon. He was speaking at the Lahore Chamber of Commerce and Industry. Prince Magudvulela, Senator in Swaziland Parli
Published 15 Feb, 2020 12:00am
Four die as boundary wall caves in

Four die as boundary wall caves in

As many as four labourers were killed and two others sustained injuries after the boundary wall of an under-construction building collapsed in Shafiqabad area on Friday, police and rescuers said. According to Rescue 1122, the laborers were renovating the
Published 15 Feb, 2020 12:00am
Pakistan values unique ties with Turkey: COAS

Pakistan values unique ties with Turkey: COAS

Chief of the Army Staff General Qamar Javed Bajwa on Friday said that Pakistan values its unique relationship with Turkey, said Inter-Services Public Relations (ISPR). Talking to Turkish Defence Minister Hulusi Akar, who called on him at the General Headq
Published 15 Feb, 2020 12:00am
Pakistan and Turkey issue joint declaration

Pakistan and Turkey issue joint declaration

Pakistan and Turkey issued a joint declaration on Friday at the conclusion of President Recep Tayyip Erdogan's two-day visit, emphasizing the need for converting the existing ties into a strategic economic partnership.
Published 15 Feb, 2020 12:00am
IT expo planned in Faisalabad
IT & Computers

IT expo planned in Faisalabad

First IT Expo & Award 2020 - "Digital Faisalabad" will be held in April to showcase the IT-related achievements of Faisalabad, said Rana Sikandar-e-Azam Khan, President Faisalabad Chamber of Commerce & Industry (FCCI). Inaugurating the web portal of Digit
Published 15 Feb, 2020 12:00am
ICMAP signs MOU with Bahauddin Zakariya university

ICMAP signs MOU with Bahauddin Zakariya university

Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) and the Bahauddin Zakariya University (BZU), entered into a Memorandum of Understanding. Vice Chancellor Prof Dr Mansoor Akbar Kundi (BZU) hosted the ceremony at BZU in Multan.
Published 15 Feb, 2020 12:00am
FINCA joins hands with The Citizens Foundation

FINCA joins hands with The Citizens Foundation

As a part of its corporate social responsibility initiatives, FINCA Microfinance Bank Pakistan participated in this year's ILMATHON 2020 pledging to sponsor 1 year education of 18 students in collaboration with The Citizens Foundation (TCF).
Published 15 Feb, 2020 12:00am
Roman Yazbeck made Philip Morris (Pak) Limited's MD

Roman Yazbeck made Philip Morris (Pak) Limited's MD

Philip Morris (Pakistan) Limited announced the appointment of Roman Yazbeck as its Managing Director. Since joining PMI in 1996, Roman has built an impressive career defined by progress and passion across functions and continents.
Published 15 Feb, 2020 12:00am
'Open Day 2020' held at IoBM

'Open Day 2020' held at IoBM

As many as 18 schools and colleges visited the Institute of Business Management (IoBM) to attend its Open Day 2020 held on February 13. The objective of this event was to create awareness for IoBM's undergraduate programmes for prospective students. It wa
Published 15 Feb, 2020 12:00am
Doctor's reinstatement: SC suspends tribunal's decision

Doctor's reinstatement: SC suspends tribunal's decision

The Supreme Court of Pakistan on Friday suspended an order of Punjab Service Tribunal (PST) reinstating a doctor Saeed Ahmad Khan held responsible for death of seven newborns in Services Hospital. A bench headed by Chief Justice Gulzar Ahmad was hearing a
Published 15 Feb, 2020 12:00am
PIBT only coal handling terminal, declares CCP
Business & Economy

PIBT only coal handling terminal, declares CCP

The Competition Commission of Pakistan (CCP) has declared that M/s Pakistan International Bulk Terminal Limited (PIBT) is the only coal handling terminal in Pakistan, and that it was against any discriminatory actions on part of the terminal.
Published 15 Feb, 2020 12:00am
Engro, Shell sign HOA for access to extended import terminal capacity
Energy

Engro, Shell sign HOA for access to extended import terminal capacity

During a speech at the Pakistan Energy Reform conference in Islamabad the CEO of EngroElengy Terminal Limited (EETL) Jahangir Piracha announced the signature of heads of agreement (HOA) with Excelerate and with Shell for the expansion of the Elengy Termin
Published 15 Feb, 2020 12:00am
Yemen's Huthis drop 'tax' threat that jeopardised aid

Yemen's Huthis drop 'tax' threat that jeopardised aid

Yemen's Huthi rebels said Friday they have dropped a threat to impose a tax on aid, in a significant step towards resolving a crisis that has jeopardised the world's biggest humanitarian operation. United Nations leaders and aid groups held crunch talks i
Published 15 Feb, 2020 12:00am
Syrian chopper downed over rebel area, killing crew

Syrian chopper downed over rebel area, killing crew

A Syrian military helicopter was shot down over the last major rebel bastion in northwest Syria on Friday, the second such incident in a week of high tensions with Turkey. The attack in a region where Turkish troops and Russian-backed government forces ha
Published 15 Feb, 2020 12:00am
Tractors snarl Valencia as farmers demand fair prices

Tractors snarl Valencia as farmers demand fair prices

Thousands of Spanish farmers were out protesting on Friday, their tractors gridlocking the streets of Spain's third-largest city as they demanded "fair prices" for their products. Since the end of January, thousands of farmers and livestock breeders have
Published 15 Feb, 2020 12:00am
Virus could mean $5 billion in airline losses: UN agency

Virus could mean $5 billion in airline losses: UN agency

The new coronavirus outbreak could mean a $4-5 billion drop in worldwide airline revenue, the International Civil Aviation Organization said on Thursday. The UN agency reported that 70 airlines have canceled all international flights in and out of China a
Published 15 Feb, 2020 12:00am
Fifteen children killed in Haiti orphanage fire

Fifteen children killed in Haiti orphanage fire

A fire swept through an unlicensed orphanage outside Haiti's capital Port-au-Prince, killing 15 children, a local judge told AFP on Friday. The building - which had not been authorized to operate as an orphanage since 2013 - housed about 66 children, said
Published 15 Feb, 2020 12:00am
US bans visits by Sri Lanka army chief over war crimes

US bans visits by Sri Lanka army chief over war crimes

The United States said Friday it would refuse entry to Sri Lanka's army chief over "credible" evidence of human rights violations in the bloody 2009 finale to the civil war. Lieutenant General Shavendra Silva, whose appointment last year drew wide interna
Published 15 Feb, 2020 12:00am
Euro drops to new low in Europe
Money & Banking

Euro drops to new low in Europe

The euro fell again to a nearly three-year low on Friday amid worries about slowing growth in the euro zone, as fourth-quarter data confirmed the economy's sluggish performance. The euro has lost close to 1% so far this week and is on track for its worst
Published 15 Feb, 2020 12:00am
Euro sinks against dollar in New York
Money & Banking

Euro sinks against dollar in New York

The euro dropped to more than two-year lows against the dollar on Thursday as concerns about a sharp rise in the number of new cases in the coronavirus outbreak in China led investors to seek out US assets.
Published 15 Feb, 2020 12:00am
South Africa's rand up
Money & Banking

South Africa's rand up

South Africa's rand firmed on Friday after President Cyril Ramaphosa set out brief plans to stimulate economic growth during his state of the nation address, although his speech was short on specifics and timeframes.
Published 15 Feb, 2020 12:00am
Most Asian units weaken on virus anxiety
Money & Banking

Most Asian units weaken on virus anxiety

Most emerging Asian currencies weakened against the US dollar on Friday, but were on course for weekly gains, supported by prospects of stimulus measures by policymakers to shield their economies from the impact of the coronavirus outbreak.
Published 15 Feb, 2020 12:00am
Sterling set for biggest weekly gain in two months
Money & Banking

Sterling set for biggest weekly gain in two months

Sterling held on to most of its overnight gains on Friday and was set for its biggest weekly rise in two months, as investors ramped up expectations the new British finance minister would unveil a more expansionary budget next month.
Published 15 Feb, 2020 12:00am
Thompson topples top seed Isner in New York
Other

Thompson topples top seed Isner in New York

Australian Jordan Thompson upset US top seed John Isner 7-6 (7/2), 6-7 (3/7), 6-3 on Thursday to reach the ATP New York Open quarter-finals. Thompson, who will face Italy's Andreas Seppi on Friday for a berth in the semi-finals, avenged a loss to Isner in
Published 15 Feb, 2020 12:00am
United against Sultans, a fascinating HBL PSL battle
Cricket

United against Sultans, a fascinating HBL PSL battle

The HBL Pakistan Super League (PSL), which provided rich cricketing entertainment to fans in the last four seasons, is set to show quality game in its fifth edition starting from February 20 with opening match at Karachi.
Published 15 Feb, 2020 12:00am
Pakistan reach semis of World Kabaddi Cup
Other

Pakistan reach semis of World Kabaddi Cup

Pakistan and India won their last pool matches of Kabaddi World Cup 2020 comfortably against Azerbaijan and England, respectively at Ch Zahoor Elahi Stadium, Gujrat on Friday.
Published 15 Feb, 2020 12:00am
HBL PSL 2020 schedule of Media Day announced
Cricket

HBL PSL 2020 schedule of Media Day announced

To provide better player access to the media during the HBL Pakistan Super League 2020, the Pakistan Cricket Board (PCB) has announced to organise Media Days in the lead up to its flagship event, which will be attended by all the sides.
Published 15 Feb, 2020 12:00am
South Africa delays Pakistan tour due to player workload
Cricket

South Africa delays Pakistan tour due to player workload

The Cricket South Africa (CSA) have expressed their inability to tour Pakistan next month but assured the Pakistan Cricket Board (PCB) that they will honour the commitment of sending their side as soon as it is reasonably possible.
Published 15 Feb, 2020 12:00am
KP U-21 Inter-Tehsil Games begins
Cricket

KP U-21 Inter-Tehsil Games begins

Tehsil Tangi upset strong Shabqadar Tehsil in the opening match of the Khyber Pakhtunkhwa U21 Inter-Tehsil Games which got underway at Abdul Wali Khan Sports Complex Charsadda amidst great fun and tight security with hundreds of spectators turned up.
Published 15 Feb, 2020 12:00am
Former England defender Watson has brain illness
Other

Former England defender Watson has brain illness

Former England defensive stalwart Dave Watson is suffering from a degenerative brain disease probably brought on by repeatedly heading the ball, his wife revealed on Friday.
Published 15 Feb, 2020 12:00am
New budget plan sets stage for EU summit battle
Global Business Economy

New budget plan sets stage for EU summit battle

Brussels set the stage Friday for a fierce budget battle at next week's extraordinary EU summit, with a trillion-euro plan that meets no-one's demands. The summit's host, European Council president Charles Michel, is seeking a compromise to clear a path t
Published 15 Feb, 2020 12:00am
France, Australia recommit to troubled subs deal
Global Business Economy

France, Australia recommit to troubled subs deal

France and Australia on Friday reaffirmed their "full commitment" to ensuring local firms play a role in building Australia's next generation submarines, after the main French contractor suggested Australian industry was not up to the job.
Published 15 Feb, 2020 12:00am
Facebook's Zuckerberg wants 'new framework' for digital tax
IT & Computers

Facebook's Zuckerberg wants 'new framework' for digital tax

Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments.
Published 15 Feb, 2020 12:00am
Renault reports net losses of 141 million euros
Global Business Economy

Renault reports net losses of 141 million euros

French carmaker Renault went into the red last year, the first time in a decade, with net losses of 141 million euros ($152 million) due to lower sales and a falling contribution from its Japanese partner Nissan. Renault said its outlook for 2020 was blea
Published 15 Feb, 2020 12:00am
Kosovo and Serbia announce plans for rail, road links
Global Business Economy

Kosovo and Serbia announce plans for rail, road links

Serbia and Kosovo's presidents announced US-brokered deals on Friday to work on building road and rail links between their capitals, the latest transport agreement between former war foes who rarely find common ground. The letters of intention were inked
Published 15 Feb, 2020 12:00am